Expansion
Financial policy
facts and figures
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Obviously, Vandeputte Group looks towards the future and its financial policy reflects this. That is why we make continuous investments to keep up with the evolutions within the market and meet the needs and desires of our customers. Examples include increased efforts regarding e-business, the further development of our own brands such as Artelli, Busters and Samurai, and finally, the refinement of our logistic platform.
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Due to the economic world crisis, 2009 was for Vandeputte, as well as for many other companies, a difficult year. For the first time in many years, the EBIT was negative. In 2010 The Vandeputte Group strengthened its market position resulting again in an increase of the turnover and a positive EBIT.
The consolidated turnover for Vandeputte Group was € 81.5 M in 2008, 65.3 M in 2009 and 73.3M in 2010. For 2011 we estimate a consolidated turnover of 79.3M.
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